|Horizon||30 Days Login to change|
Northern Trust Market Sensitivity
|As returns on market increase, returns on owning Northern Trust are expected to decrease at a much smaller rate. During bear market, Northern Trust is likely to outperform the market.One Month Beta |Analyze Northern Trust Euro Demand TrendCheck current 30 days Northern Trust correlation with market (DOW)|
β = -0.2178
Northern Trust Euro Technical Analysis
Northern Trust Projected Return Density Against MarketAssuming 30 trading days horizon, Northern Trust Euro Fundamental Idx A has beta of -0.2178 . This indicates as returns on benchmark increase, returns on holding Northern Trust are expected to decrease at a much smaller rate. During bear market, however, Northern Trust Euro Fundamental Idx A is likely to outperform the market. Moreover, Northern Trust Euro Fundamental Idx A has an alpha of 0.0116 implying that it can potentially generate 0.0116% excess return over DOW after adjusting for the inherited market risk (beta).
Predicted Return Density
Northern Trust Return VolatilityNorthern Trust Euro Fundamental Idx A accepts 0.2936% volatility on return distribution over the 30 days horizon. DOW inherits 0.4541% risk (volatility on return distribution) over the 30 days horizon.